Saturday, December 18, 2010
Read his story here
Monday, December 6, 2010
U.S. Department of Homeland Security
Dec. 6, 2010
IF YOU SEE SOMETHING, SAY SOMETHING'
WASHINGTON -- Department of Homeland Security (DHS) Secretary Janet Napolitano today announced the expansion of the Department’s national “If You See Something, Say Something” campaign to hundreds of Walmart stores across the country—launching a new partnership between DHS and Walmart to help the American public play an active role in ensuring the safety and security of our nation.
“Homeland security starts with hometown security, and each of us plays a critical role in keeping our country and communities safe,” said Secretary Napolitano. “I applaud Walmart for joining the ‘If You See Something, Say Something’ campaign. This partnership will help millions of shoppers across the nation identify and report indicators of terrorism, crime and other threats to law enforcement authorities.”
The “If You See Something, Say Something” campaign—originally implemented by New York City’s Metropolitan Transportation Authority and funded, in part, by $13 million from DHS’ Transit Security Grant Program—is a simple and effective program to engage the public and key frontline employees to identify and report indicators of terrorism, crime and other threats to the proper transportation and law enforcement authorities.
More than 230 Walmart stores nationwide launched the “If You See Something, Say Something” campaign today, with a total of 588 Walmart stores in 27 states joining in the coming weeks. A short video message, available here, will play at select checkout locations to remind shoppers to contact local law enforcement to report suspicious activity.
Over the past five months, DHS has worked with its federal, state, local and private sector partners, as well as the Department of Justice, to expand the “If You See Something, Say Something” campaign and Nationwide SAR Initiative to communities throughout the country—including the recent state-wide expansions of the “If You See Something, Say Something” campaign across Minnesota and New Jersey. Partners include the Mall of America, the American Hotel & Lodging Association, Amtrak, the Washington Metropolitan Area Transit Authority, sports and general aviation industries, and state and local fusion centers across the country.
In the coming months, the Department will continue to expand the “If You See Something, Say Something” campaign nationally with public education materials and outreach tools designed to help America’s businesses, communities and citizens remain vigilant and play an active role in keeping the county safe.
Wednesday, December 1, 2010
From Reuters, here's why:
(Reuters) - Afghan security forces are freeing captured senior Taliban for payment or political motives, with President Hamid Karzai and his powerful brother among those authorizing and requesting releases.
The practice is so systemic that the Taliban have a committee focused on getting their fighters out of jail. It undermines the deterrent effect of arrest and the potential of the prisoner population as a card to play in peace talks, analysts say.
The releases, which were confirmed to Reuters by several sources familiar with a range of cases, also raise questions about the capacity and political will of Afghan security forces meant to be taking over from foreign troops starting next year.
U.S. forces will begin drawing down numbers from next July and NATO hopes to meet Karzai's 2014 target for all security to be provided by Afghan police and military.
But cases uncovered by Reuters including that of Ghulam Haidar, a top insurgent in the southern Taliban heartland of Kandahar, suggest that a web of complex loyalties and widespread corruption are undermining the fight against the insurgency.
Ghulam Haidar, meaning "servant of God," is a common name in Afghanistan so when Canadian forces turned one of the most dangerous men in Kandahar city over to their Afghan counterparts in March, they may not have realized who he was.
Days later he was walking free again, according to three sources who have investigated prisoner releases or have seen documents about Haidar's capture. They asked not to be named because they are not authorized to release information.
"They took this guy into custody in mid-March, but he was out again in a few days. This is a classic example of what has been happening," one former Western official told Reuters.
A Kabul-based source with links to Western intelligence services confirmed Haidar was a Taliban leader known to have a major role in the insurgency around the city.
Yet his freedom was requested by Karzai's younger brother Ahmad Wali Karzai, head of the Kandahar provincial council.
Dubbed "AWK" by Westerners working in Kandahar, he has an iron grip on the city but his loyalties are considered less solid. A U.S. government cable dated 2009, released by WikiLeaks, described him as a corrupt drug trafficker.
"When Ghulam Haidar was in (Afghan) custody AWK asked for his release," said a second source, who rejected the idea that Haidar could have been set free because he was a double agent.
"If the Afghan government had good agents within the Taliban things should have gotten better -- but that is obviously not the case," the source added.
Ahmad Wali Karzai said he had never asked for the release of a Taliban prisoner and had not heard of Ghulam Haidar.
"I am the person most wanted by the Taliban, with nine suicide attacks against me," he told Reuters by telephone.
Hat Tip to Christopher Fountain who properly asks: Why waste another American life?
Really; who in the hell needs this shit?
Tuesday, November 30, 2010
A deep Hat Tip to Weasel Zippers who treats this news more thoroughly than I.
UPDATE: Weasel Zippers' link is 4-ought-4. Here's a new source link.
Thursday, November 25, 2010
"Walt", A Follower of my Friend Chris Fountain's Blog Concocts the PERFECT Bomb Screening Solution for TSA - Move Over Michael Chertoff
WaltHey Walt! Hire the engineers, find a VC company to fund the start-up, and let me in on the first and subsequent private placement offerings.
Sunday, November 21, 2010
27% View U.S. Society As Unfair and Discriminatory
Saturday, November 20, 2010
More than one-out-of-four Likely U.S. Voters (27%) now believe American society is generally unfair and discriminatory, the highest negative finding in over a year.The latest Rasmussen Reports national telephone survey shows that 60% of voters believe U.S. society is generally fair and decent, but that’s down 10 points from October and is also the lowest level found since October 2009. Another 13% are undecided. (Read the rest here)
Friday, November 19, 2010
Ottmar Edenhofer, Co-Chair of UN's IPCC Admits That "Climate Policy" Really is Just a Big Redistributionist Theft Scam
Background: Ottmar Edenhofer is a German economist who deals with climate change policy and environmental and energy policy and energy economics. He is currently professor of the Economics of Climate Change at the Technical University of Berlin, co-chair of Working group III of the Intergovernmental Panel on Climate Change (IPCC) and deputy director and chief economist at the Potsdam Institute for Climate Impact Research as well as Fellow of the Academy of Sciences in Hamburg, Germany.
In 2004, Ottmar Edenhofer was a lead author for the Fourth Assessment Report of the Intergovernmental Panel on Climate Change (IPCC), which shared the 2007 Nobel Peace Prize with former Vice President of the United States Al Gore. See, Wikipedia at http://en.wikipedia.org/wiki/Ottmar_Edenhofer
Wednesday, November 17, 2010
"There's a little bug inside of me which wants to get the FCC to say to FOX and to MSNBC: 'Out. Off. End. Goodbye.' It would be a big favor to political discourse; to our ability to do our work here in Congress; and to the American people, to be able to talk with each other and have some faith in their government and more importantly, in their future."
Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.UPDATE:
Weasel Zippers has a similar post up here:
Al Sharpton Demands Dems Push FCC to Limit Rush Limbaugh’s Freedom of Speech So People Aren’t “Subjected” to What He Says…
Tuesday, November 2, 2010
Police: Mistaken identity most likely prompted carjacking
Daniel Tepfer, Staff Writer
Published: 10:45 p.m., Monday, November 1, 2010
BRIDGEPORT -- A case of mistaken identity nearly cost a city man his life and resulted in a carjacking and wild ride through six towns.
It all began Friday afternoon when, State Police said, when a 30-year-old city man was driving along Sanford Avenue here.
Police said as the victim was driving his 2004 Hyundai sedan toward the intersection with Harral Avenue two men and a woman ran up to his car.
Nicole Bowen, 27, had arrived at her Sanford Avenue apartment a short time earlier from her job in Yonkers, N.Y., to find it ransacked, police said. Enraged, police said she had enlisted the aid of two friends, Tye Thomas, 20, and 18-year-old Lavar Perry, to get back at the people she believed burglarized her apartment.
Bowen left her apartment armed with a handgun and a roll of duct tape. As the victim was driving by, police said Bowen mistook him for being one of the burglars and she and her two companions charged his car.
Police said the trio stopped the victim's car and ordered him at gunpoint to move into the front passenger seat. Bowen then got into the driver's seat while Thomas and Perry got into the back seat, police said. They said Bowen then began driving while pointing the gun at the victim.
"I told the guy in the front passenger seat that everything was going to be all right. I just needed to get back to New York," police said Bowen later told them.
Bowen pulled off Interstate 95 in Darien to get gas. While either Thomas or Perry held the victim in a headlock, police said the other man removed cash from the victim's pocket and used it to pay for gas in the car. They then continued south on I-95.
As they neared exit 2, police said the victim became convinced the trio would kill him and he made the decision to try and jump out of the car as it slowed for traffic. They said he managed to get the passenger-side door open but Bowen realized what he was trying to do and began hitting the victim with the butt of the gun while yelling to Perry and Thomas to grab him.
Police said the car began swerving from lane to lane as the four struggled inside. At one point, they said the victim managed to get a hand on the gun and it went off, shattering the back window.
As the four continued to struggle, police said Bowen lost control of the car and it crashed into the median barrier. The victim, taking advantage of the dazed condition of his attackers, managed to get out of the car and began running along the highway. Police said a passing motorist stopped for the victim and stayed with him until police arrived.
Meanwhile, Bowen, unable to restart the car, got out and began to run. At some point police said she told them she looked back to see her two companion still standing by the car. "I yelled back to them, 'what are you doing, let's go,' police said she related. They said she threw the gun over the cement barrier into the opposite lanes only to see a car stop and someone inside get out of the car, pick up the gun and continue driving.
Bowen, Thomas and Perry were arrested a short later after causing near pandemonium in downtown Greenwich.
The three were charged with first-degree kidnapping, first-degree kidnapping with a firearm, first-degree robbery, third-degree assault and third-degree larceny.
They were each being held in lieu of $500,000 bond.
Monday, November 1, 2010
All I can say Linda, is that you should have started your campaign with this promise. I'm certain it would have helped your chances enormously. I'll be voting for you because the alternative of pathological liar and narcissist Dick Blumenthal is intolerable.
Good luck Linda!
DUI lawyer up in Albany who blogged for business, was running as the Libertarian candidate for governor of the State of New York, I chuckled. Talk about an endeavor without a payoff. Of course, I had no idea at the time that the alternatives would be a zombie and the only one of Mario's offspring who got his good looks. Suddenly, Warren doesn't look nearly as silly.
Apparently, others are concerned about Warren as well. In order to screw with him, this appeared:
There are place[s] no one should go, and this is one of them. Is there a word, lie, defamation, libel, that captures just how twisted this is?
The purported basis for this "attack" is a blog post of Warren's that questions the prevalence and hypocrisy of Puritanism in America.The story also hits on how Puritanism is still so prevalent in America. The greatest love interest in the history of romance is at least arguably Juliet from Romeo and Juliet. Juliet was 13 years old. For some reason females become fertile in their early teens and peak before the age of 18. You would think those who believe in the theory of evolution would see this as the design of the species. And in an interesting alliance with Darwin, shouldn't religious people (and not just those in cults) believe teenage girls should be sexually active (in marriage of course), as that would appear to be the intent of the intelligent design? Instead both groups appear to be together on the opposite side.
Another take is the notion that men who find teenage girls attractive are perverts. If you look at literature like Shakespeare, and at some historical figures like Sir William Johnson (a prominent pre-revolutionary leader in New York), you get the impression that it used to be normal for men, even much older men, to be interested in teenage girls.
While this isn't something I would have written, and I frankly find it distasteful and, well, wrong, the flier is just outrageous. Rough politics is hardly unheard of in New York, but this goes beyond the pale and hits a new low.
Warren blames the Paladino campaign for the flier.The Paladino campaign denies responsibility.
Redlich said Paladino was responsible for the ad, without backing up this claim. Paladino spokesman Michael Caputo rejected it on Sunday.
Redlich has said his goal is to get more votes than Paladino on Tuesday, which would give the Libertarian party the second highest spot on the ballot, a big advantage in voting, just below the Democratic Party."That would be like Bill Clinton jabbing Pat Paulson in the 1996 New Hampshire primary," Caputo said, referring to the joke campaign of Paulson, a comedian. "Never wrestle the comic relief _ you just get clown white smeared all over your suit."
However, one-time Nixon and Paladino campaign strategist Robert Stone, rather than disavow the flier, argued that it was fair:The minor party candidates in New York have been appreciated for bringing some fun moments into an otherwise moribund campaign. Heck, anything is better than being forced to watch Paladino's face of death on the telly, and no one will ever forget the Rent Is Too Damn High candidate, whose party name alone said all that needed to be said. But this gutter politics, outright defamation, goes way too far. Way, way too far.
Roger Stone, a former campaign consultant to President Richard Nixon who now advises the anti-Prohibition party candidate Kristin Davis and once worked for Paladino, but no longer does, said neither he nor the Davis campaign produced the mailer. But Stone defended its content.
Stone said Redlich has "exotic views on sex with teens," citing postings on Redlich's blog. Stone also said Redlich is "crying crocodile tears" after calling Davis a prostitute, when the former Manhattan Madam has repeatedly said that although she ran a prostitution enterprise, she was never a prostitute.
Given the views of many in the criminal defense community toward sex offender registries, the gross over-reach of sex offender laws and designations, and the unreasonable prohibitions heaped on those given our modern day demonization, there aren't many criminal defense blawgers who wouldn't be staring down a flier just like this should they run for office against someone sleazy enough to smear a candidate in this way.
What cannot be tolerated is the inability to express oneself in the blawgosphere on these controversial issues without exposing oneself to such a wholly unjustified and flagrantly false smear campaign. To say that whoever did this is a disgrace is insufficient. The line has been crossed by a mile.
Its a shame that America's print media has slipped so far into the ditch of progressive ideology, that its now completely incapable of producing any objective pieces on political phenomena.
H/T Left Coast Rebel
Popular rage against the elite could change the nature of US politics, says Janet Daley.By Janet Daley
Published: 9:00PM BST 30 Oct 2010
More than three centuries ago, the residents of America staged a rebellion against an oppressive ruler who taxed them unjustly, ignored their discontents and treated their longing for freedom with contempt. They are about to revisit that tradition this week, when their anger and exasperation sweep through Congress like avenging angels. This time the hated oppressor isn't a foreign colonial government, but their own professional political class.
In New York last week I was struck by the startling shift of mood since my last visit, during Barack Obama's first year in office. This phenomenon took varying forms, of course, depending on the political orientation of my interlocutor, but the underlying theme of despair and disgust was almost universal. Liberal Democrats (who hugely outnumber most other factions in that city) were despondent and disappointed with the collapse of Obama's popularity. A few of them (remarkably few, actually) were ready to blame this on a "Right-wing conspiracy" of vaguely racist motivation. But most of them were frankly critical of the strategic mistakes they believed the White House had made, and the baffling inability of their President to connect with the people in an engaging way. His shocking lack of emotional expression during last month's commemoration of 9/11 – a point of particular significance to New Yorkers – was remarked upon by a number of people I met.
There was a general sense that his personality was over-controlled and repressed, and that this was perhaps a function of his self-invention: the effect of having made a conscious choice to adopt an identity and a history (the Chicago black activist) which was unconnected to his real past. It occurred to me that, in an odd way, he was a Gatsby-like figure who had reinvented himself but whose new persona could be sustained only with a tremendous act of will. This psychological analysis seemed not unconnected to the political one, which revolved around his peculiar inability to sense what most Americans would regard as alienating and contrary to their own values and culture.
My Republican friends, perhaps surprisingly, were not gloating. They were too furious. But contrary to the superficial British assumption (heavily promoted by the BBC), they were not devoting their excoriation exclusively to the Obama Administration – or even to its clique of Congressional henchmen, led by Nancy Pelosi and Harry Reid. That they were opposed to the Big State, European social democratic model of government which Obama had imported to Washington went almost without saying. But they were at least as angry with the leadership of their own party for having conceded far too much of the argument.
And this anger – again, contrary to the general understanding in Britain – is not new: it goes all the way back to the Bush presidency. It was widely known in Europe that the American Left hated George Bush (and even more, Dick Cheney) because of his military adventurism. What was less understood was that the Right disliked him almost as much for selling the pass over government spending, bailing out the banks, and failing to keep faith with the fundamental Republican principle of containing the power of central government.
So the Republicans are, if anything, as much in revolt against the establishment within their own party as they are against the Democrats. And this is what the Tea Parties (which should always be referred to in the plural, because they are not a monolithic movement) are all about: they are not just a reaction against a Left-liberal president but a repudiation of the official Opposition as well.
Nor are they simply the embodiment of reactionary social conservatism, which has been the last redoubt of the traditional Republican Right. There were plenty of people in New York who wanted to believe that Tea Partiers were just a new incarnation of the gun-totin', gay-bashing right-to-lifers whom they found it so easy to dismiss as risible throwbacks. This is a huge political miscalculation, which quite misses the point of what makes the Congressional midterm elections this week such an interesting and historic political event. This is so much more than the predictable to-ing and fro-ing of party control midway through a presidential term. What the grassroots rebellion is really about is an attempt to pull the Republican party back to its basic philosophy of low-tax, low-spend, small government: the great Jeffersonian principle that the best government is that which governs least.
One of the more electorally far-reaching effects of this is that Republicanism could become the home once again of a plausible political and economic programme, rather than simply an outpost for those who seem to reject many of the features of modern life. The gun-toters and gay-bashers and pro-lifers may have jumped aboard the bandwagon, and Sarah Palin may be frantically attaching herself to the parade, but this is not their show: the Tea Party protests began (as their name suggests) as a campaign against high taxation and the illegitimate intrusiveness of federal powers. That is what they are still about.
As some astute commentators have observed, the ascendancy of the Tea Parties has meant that fiscal conservatism can replace social conservatism as the raison d'être of the Republican cause. So rather than being a threat to Republicanism, the election of Tea Party candidates might be its salvation. It represents a rank-and-file rejection of what many Americans see as a conspiracy of the governing elite against ordinary working people. All of which makes clearer the appeal of even the naivety and inexperience of some of the Tea Party contenders who have challenged incumbent Republican candidates. If what you are rebelling against is a generation of smug, out-of-touch professional politicians, then a little dose of amateurishness or innocence might strike you as positively refreshing. (In a poll last week, more than 50 per cent of voters said that they would be more willing this year than usual to vote for someone with little political experience.)The Democrats, too, are experiencing internal turmoil, with the Blue Dog congressmen (who represent conservative Democratic states) having to fight all their natural instincts to support Obama's healthcare and cap-and-trade policies. If they are annihilated in these midterm elections, their resentment against the White House will be terrible to behold. This could be a seminal moment in American post-war history, when popular rage against the political elite brings about realignments within parties which change the whole nature of the country's democratic choices.
Sunday, October 31, 2010
Click the linked image above to see a genuinely great 5 segment interview with Daniel Hannan discussing his new book that warns Americans to refuse to go down the road that America's Democrat and Republican statists are doing their very best to herd us down. Definitely worth the time it takes to watch all five segments....
Below you'll see that the people sending the most money to Frank are those who work in and/around the very same industry he regulates.
The counter-intuitive truth about regulations is that they most help those who are the richest players in the regulated industry. How's that work? Because the cost of compliance acts as a barrier to entrance to start-ups.
Anyway, I'm pretty sure Barney doesn't really want his liberal constituents understanding who pulls his strings.
2010 Race: Massachusetts District 04
Most members of Congress get the bulk of their campaign contributions from two main sources: the industries that make up the economic base of their home district and the Washington-based interest groups that pay more attention to the member's committee assignments in Congress. In addition, most Democrats receive substantial sums from labor unions.
From this table, you can get a flavor of which are the top industries giving to the candidates running for Congress in your district. Do the industries match your local economy, or are they more Washington-based? If the latter, the candidate may have divided loyalties on issues where the interests of their cash constituents conflict with those of the voters who elected them.
Barney Frank (D)
Industry Total Securities & Investment $251,958 Insurance $227,449 Real Estate $213,750 Lawyers/Law Firms $170,714 Retired $123,771 Misc Finance $102,750 Democratic/Liberal $71,837 Commercial Banks $70,800 Casinos/Gambling $61,400 Lobbyists $56,800 Accountants $42,950 Business Services $35,750 General Contractors $30,350 Misc Unions $27,500 Finance/Credit Companies $24,000 Health Professionals $23,080 Misc Manufacturing & Distributing $22,900 Education $22,150 Printing & Publishing $21,700 Hospitals/Nursing Homes $21,190
Sean D. Bielat (R)
Industry Total Retired $46,750 Securities & Investment $35,600 Lawyers/Law Firms $21,826 Misc Finance $12,850 Real Estate $11,950 Misc Business $10,500 Health Professionals $7,050 TV/Movies/Music $6,800 Commercial Banks $6,450 Civil Servants/Public Officials $6,150 Business Services $6,150 Computers/Internet $3,500 Printing & Publishing $3,400 Accountants $3,100 Education $2,500 Insurance $2,500 Chemical & Related Manufacturing $2,250 Misc Manufacturing & Distributing $2,000 Oil & Gas $1,750 Pharmaceuticals/Health Products $1,650
Saturday, October 30, 2010
Jim Himes (D) *
Contributor Total General Electric $48,050 Goldman Sachs $22,850 Metropolitan Museum of Art $19,200 Brown Brothers Harriman & Co $16,800 Massachusetts Mutual Life Insurance $15,000 United Technologies $15,000 Tudor Investment $14,800 Credit Suisse Group $13,900 Bank of America $12,900 Deutsche Bank AG $12,600 Koskoff, Koskoff & Bieder $12,600 PricewaterhouseCoopers $12,500 Teamsters Union $12,500 First Marblehead Corp $11,100 JPMorgan Chase & Co $11,050 Credit Union National Assn $11,000 Travelers Companies $11,000 Citigroup Inc $10,300 American Fedn of St/Cnty/Munic Employees $10,000 American Resort Development Assn $10,000 AmeriPAC: The Fund for a Greater America $10,000 BRIDGE PAC $10,000 Hartford Financial Services $10,000 Honeywell International $10,000 IMS Health $10,000 International Assn of Fire Fighters $10,000 Investment Co Institute $10,000 KPMG LLP $10,000 National Assn of Letter Carriers $10,000 National Assn of Realtors $10,000 New Democrat Coalition $10,000 New York Life Insurance $10,000 Operating Engineers Union $10,000 PAC to the Future $10,000 Service Employees International Union $10,000 Sullivan & Cromwell $10,000 Synergy PAC $10,000 UNITE HERE $10,000 USAA $10,000
Dan Debicella (R)
Contributor Total Wexford Capital $22,800 PepsiCo Inc $14,800 Haebler Capital $14,400 Bank of America $14,255 McKinsey & Co $12,850 Kamber Management $12,600 Laverack Partners $12,000 State of Connecticut $11,163 General Atlantic Partners $10,900 Axiom International Investors $10,204 O'Shaughnessy Asset Management $10,100 Cowen Healthcare Royalty $9,600 Rangeley Capital $9,600 Southgate Alternative Investment $9,600 Morgan Stanley $9,550 Impala Asset Management $9,150 Edgewood Management $8,700 Round Hill Capital-Atlanta $8,275 JPMorgan Chase & Co $8,250 Auspex Group $8,200
“Rally to Resore Sanity” pledges to “strictly prohibit filming” at National Mall | Washington Examiner
More proof the narcissistic leftards think they alone are entitled under the 1st Amendment and bestowed with a right of exclusive access to FEDERAL land.
To paraphrase the old Kix Cereal commercials (and betray my age-group in the process): SILLY LEFTISTS, FREEDOM IS FOR EVERYONE
What follows is an email exchange between Steve Albani at Comedy Central and Richard Pollock at Pajamas Media
“Rally to Resore Sanity” pledges to “strictly prohibit filming” at National Mall | Washington Examiner
Thursday, October 28, 2010
Einar: Over here, we've known about Al Bore's hypocrisy for quite a long time. If only you'd asked, we'd have happily told you all about him, but better late than never.
Posted: 27 Oct 2010 10:35 AM PDT
By Einar Du Rietz
Al Gore -- He did it again.
Recently, Nobel Peace Prize winner Al Gore toured again. Or maybe he does that all the time. This time, he turned up in Gothenburg (Sweden) for the usual alarmist talk. In advance, all distinguished guests were politely advised to – if possible – use any form of public transportation to go to the event, in order to minimize CO2 emissions.
Intriguingly, the Master of World Climate himself arrived in a rental car (with or without driver is unclear), from the airport, and subsequently left the engine running for the entire lecture. That is to say, about one hour. Incidentally, local legislation prohibits – for very good environmental reasons, i e pollution – any car engine running on empty for more than 60 seconds. Fines are severe. As far as I know, he was not fined.
It starts to form a pattern.
After the ceremony in the Norwegian capital Oslo, it is customary that the laureate is invited to the Swedish capital Stockholm, for a cordial visit. The train ride, supposedly the environmental choice according to Mr. Gore, is approximately four hours. However, he opted for the cosier ride with one of the Swedish government aircrafts. As these can, according to the rules, only be used when a cabinet member is on board – and as the Swedish government after a short ceremonial visit – offered to fly him to Frankfurt (Germany) for his flight to the US, you can calculate both the manpower and the fuel used for this grand tour against man's destruction of the planet.
Stupidity and hypocracy [sic] – as well as vanity – are, like it or not common human traits. I admit to some of them occasionally, but I don't demand taxpayers to finance my stupid talks at dinner (yes, I love doing that). Here's the deal Mr Gore: get out of my way, and I will keep out of yours.
Combing through Drudge's titles this morning, I found this curious piece from CNBC.
CNBC.com| 26 Oct 2010 | 02:26 PM ET
The overwhelming volume of sell transactions relative to buy transactions by company insiders over the last six months in key leading sectors of the market is the worst Alan Newman, editor of the Crosscurrents newsletter, has ever seen since he began tracking the data.
The strategist looked at insider trading activity amongst the top ten companies that make up the Nasdaq such as Apple , Google and Amazon .
Then he analyzed the biggest members of the Retail HOLDRs ETF like Gap , Target and Costco , as well as the top insiders in the semiconductor industry at companies such as Altera , Broadcom and Sandisk .
The largest companies in three of the most important leading sectors of the market have seen their executives classified as insiders sell more than 120 million shares of stock over the last six months. Top executives at these very same companies bought just 38,000 shares over that same time period, making for an eye-popping sell to buy ratio of 3,177 to one.
The grand total for the three sectors are “as awful as we have ever seen since we began doing this exercise years ago,” said Newman, who was ahead on such trends as the dangers of high-frequency trading and ETFs before the ‘Flash Crash’. “Clearly, insiders are seeing great value only in cash. Their actions speak volumes for the veracity for the current rally.”
But the overall market doesn’t seem to care. The S&P 500 is up 16 percent since its 2010 low hit on July 2nd on the back of strong earnings driven by cost-cutting and the hopes for even more quantitative easing from the Federal Reserve.
The insider data “is good reason for considerable caution once the price action fades,” said Simon Baker, CEO of Baker Asset Management. Still “insiders normally buy early and sell early too. Longer term -- 12 months out -- it is more of a red flag.”
Newman isn’t alone in warning about insider selling. The latest report from Vickers Weekly Insider, a publication that makes investments based upon these transactions, shows that total insider sell transactions relative to purchases on the New York Stock Exchange are running at a ratio of more than four to one over the last eight weeks. The normal reading, because of options selling and other factors, is about 2 sales for every buy, according to Vickers.
To be sure, many investors feel the heavy insider selling is just an anomaly based on other reasons.
“These are folks that have had to dip into their stocks for the first time in years, as their salaries have been cut and their bonuses, outside Wall Street, have been significantly curtailed,” said J.J. Kinahan, chief derivatives strategist for TD Ameritrade. “ This may speak more to a cash flow problem, then a market belief.”
Still Newman, who is also a favorite commentator of Barron’s columnist Alan Abelson, sees the insider selling as just the latest reason, along with the mortgage foreclosure mess and fully invested mutual fund managers with no fresh powder to put to work, to be cautious on the market.
“At the risk of sounding like a broken record, we expect a significant correction,” said the newsletter editor.
UPDATE: Perhaps this explains it.
Aren't most of these corporate insiders DEMOCRATS who are all for the Sunsetting of the Bush "Tax Cuts?"
Wednesday, October 27, 2010
My only complaint: the moderator didn't publish my comment. Such is life.
Update: Comment published.
Monday, October 25, 2010
Here's the exchange:
Interviewer: You said something a moment ago that I have to follow up on and I have to draw you out on. You said you don’t have to lie anymore now that you’re not a politician. What did you lie about when you were governor?
Jerry Brown: It’s all a lie. You’re pretending there’s a plan…
Interviewer: What did you lie about?
Jerry Brown: You run for office and the assumption is “Oh, I know what to do”. You don’t. I didn’t have a plan for California. Clinton doesn’t have a plan. Bush doesn’t have a plan.
Interviewer: You said you had a plan for California and you lied because you didn’t have a plan?
Jerry Brown: You say you’re going to lower taxes, you’re going to put people to work, you’re gonna improve the schools, you’re going to stop crime… crime is up, schools are worse, taxes are higher. I mean be real!
I had thought this humble blog would trudge along in nearly complete obscurity forever, but NO! Someone's taken notice.
Thanks for the visit Cathy Zoi. You've provided me with the perfect opportunity to engage in some Rule 1 Shameless Blogwhoring and Rule 2 Full Metal Jacket Reach-Around
Sunday, October 24, 2010
The Russians had a term for American Leftists during the cold war: Useful Idiots. Seems like there hasn't been too much CHANGE after all.
NASSER KARIMIFrom Associated PressOctober 24, 2010 10:03 AM EDT
TEHRAN, Iran (AP) — Iran has imposed new restrictions on 12 university social sciences deemed to be based on Western schools of thought and therefore incompatible with Islamic teachings, state radio reported Sunday.
The list includes law, philosophy, management, psychology, political science and the two subjects that appear to cause the most concern among Iran's conservative leadership — women's studies and human rights.
Saturday, October 23, 2010
There he goes again, misstating reality....
From The New York Times Caucus Blog
October 22, 2010, 3:07 pm
$200 Billion in Ads, Mr. Biden? That’s Real MoneyBy MICHAEL D. SHEAR
Conservative groups have not dumped $200 billion in political ads on the heads of Democratic candidates.
It evidently just feels that way to the White House.
In an interview with Al Hunt of Bloomberg News scheduled to be shown Friday night, Vice President Joseph R. Biden Jr. commented on the need for disclosure when corporate interests contribute to political groups.
“I was amazed at the amount of money, this $200 billion of money that is — where there’s no accountability,” he said. “When I say accountability, we don’t know where it’s coming from. There’s no disclosure, so the folks watching the ad can’t make a judgment based upon motive when you say it’s paid for by so-and-so.”
Mr. Biden clearly meant “million” with an “M,” not “billion” with a “B.”
But his tongue slipped again a moment later. “So it really — I’ve never seen this before, so the only caveat I’d put in terms of the House is how much impact this $200 billion are going to mean.”
Mr. Biden was elected to the United States Senate, representing Delaware, a few years after the departure of Everett Dirksen, the Republican Senate minority leader for more than a decade, who died in 1969. It was Mr. Dirksen, from Illinois, who once said, “A billion here, a billion there, pretty soon, you’re talking real money.”
Friday, October 22, 2010
H/T Breitbart TV
Wednesday, October 20, 2010
Randy Barnett, Georgetown U Law School Prof and Senior Fellow at Cato Institute and Goldwater Institute on Obamacare Individual Mandate
Prof. Barnett discusses his view that the Individual Mandate compelled under ObamaCare is in fact unconstitutional under the Commerce Clause of the United States Constitution. The clip is long, but well worth listening to because Barnett provides an illuminating discussion of Supreme Court ruling history on the Commerce and Necessary & Proper clauses.
Left Coast Rebel: Send Rover to the Dog House... Permanently
Tuesday, October 19, 2010
Great news out of Connecticut's 4th Congressional District.
From Dan Debicella's campaign comes the announcement that he now leads Obamaphate sycophant and Pelosi pet Jimmie Himes...
New poll: Debicella in the lead!
We just released the results of a new poll – and we’re in the lead!
Just days after announcing we out raised Congressman Jim Himes by over $200,000 and Real Clear Politics upgraded the CT-4 race to “toss-up,” our latest survey shows we’ve catapulted over incumbent Jim Himes, and now lead 46 to 42 percent!
With less than two weeks to go until Election Day, there’s no doubt we have the momentum. Will you make a contribution of $50, $250 or $2400 today to help us keep the heat on through Election Day?
Friends, nearly 40 percent of Fairfield County voters disapprove of Jim Himes’ job performance, while less than 45 percent would vote to re-elect him – these are troubling numbers for a sitting Congressman, but not surprising given Himes’ support for the failed Washington agenda he’s rubber-stamped. As more people get to know me, my favorability numbers have spiked, rising from 31 percent in September to 51 percent in today’s poll. Now, we need your financial support through November 2nd to make sure we pull off an upset victory in just 13 days. Can I count on you?
Thank you again for your firm commitment to our campaign.
All my best,